Headwater Gold Identifies Outcropping High-Grade Veins at its New Doug Target on the Spring Peak Property, Nevada

Core Viewpoint - Headwater Gold Inc. has identified high-grade epithermal veins at the newly discovered Doug target within its Spring Peak project in Nevada, indicating significant mineral potential in the area [1][4]. Exploration and Discovery - The Doug target is located approximately 9 km north of the Disco Zone and is along the Bear Fault, which is a significant geological structure associated with mineralization [2][11]. - Recent surface exploration has confirmed the presence of outcropping epithermal quartz veins, with notable gold grades of 21.8 g/t, 9.52 g/t, and 7.82 g/t [5][10]. - The Bear Fault corridor is interpreted as a district-scale structure that may host multiple significant mineralized zones, with Headwater controlling over 12 km of strike extent in this area [4][12]. Geological Insights - The vein textures and geochemistry at the Doug target suggest a high-level position within an epithermal system, indicating the potential for preserved high-grade vein targets at depth [5][7]. - Geological mapping is ongoing to understand the relationship between the stockwork zone and major mineralized structures, including the Bear Fault and Aurora Mine vein corridor [11]. Project Expansion - Headwater has expanded its land position by staking 509 new mining claims, bringing the total to over 15 km of continuous strike length along the Bodie–Aurora–Borealis trend, which has historically produced over 4 million ounces of gold [12][13]. - The Spring Peak project is strategically located near existing infrastructure, including a mill and production water wells, enhancing its exploration potential [13]. Future Plans - A systematic program of geological mapping and geochemical sampling is underway, alongside the interpretation of recent geophysical survey results to guide further exploration [13][14].